Bank Nifty Weekly Forecast for 16-20 Sep

By | September 15, 2019

Last Week we gave Chopad of 27300 Bank Nifty did all 3 target on upside and we got big move as per Astro cycle. 

Bank Nifty Harmonic Pattern

Last week pattern did target on upside, No new pattern observed this week.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Now coming week Bulls need to move above 28100 for a move back to 28300/28500/28700/28900. Bearish below 27900 for a move back to 27750/27500/27350.

Gann Angles

Near Gann Angle Support of 26500 ,holding it can see move back to 28500/28900

Bank Nifty Gann Dates

Bank Nifty As per time analysis 16/19 Sep is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Now coming week Bulls need to move above 28100 for a move back to 28300/28500/28700/28900. Bearish below 27900 for a move back to 27750/27500/27350.

Bank Nifty Monthly

Bank Nifty Bulls need to close above 28100 for trend to reverse and rally towards 28500/28900

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:28100

Bank Nifty  Resistance: 28370,28500,28872

Bank Nifty Support:27900,27666,27350

Levels mentioned are Bank Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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